Journalist
Posted: February 27, 2025
- Cardano was down 50% from its December peak of $1.3.
- At press time, ADA ($0.65)’s price hit a pivotal point, but demand was still weak.
Cardano’s[ADA] weekly losses topped 12% as bearish pressure continued following Bitcoin’s [BTC ($84,613.65)] drop below $90K.
Even the Grayscale Cardano ETF acknowledgment didn’t induce much demand, reinforcing macro uncertainty as a key risk factor for the altcoin and broader market.
However, the slight…
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